DNTV, Staff Reporter
UAE President Sheikh Mohamed Bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi unveiled the Unified Payments Interface (UPI) RuPay card service in Abu Dhabi on Tuesday.
Indian Embassy in Abu Dhabi shared post on X, “Bolstering fintech cooperation! PM @narendramodi and UAE President HH @MohamedBinZayed witnessed a transaction made using the Jaywan card, based on India’s digital RuPay credit and debit card stack.
PM congratulated UAE President on the launch of Jaywan.”
The UAE President Nahyan swiped a Jaywan card personalised with his name, marking the initiation of the service in the UAE.
Modi congratulated President Sheikh Mohamed Bin Zayed on the launch of UAE’s domestic card Jaywan, which is based on the digital RuPay credit and debit card stack.
The embassy shared photos of the transaction made using the Jaywan card on X platform. The leaders also discussed the strengthening of energy partnership.
They appreciated that in addition to the UAE being among the largest sources of crude and LPG, India is now entering long-term contracts for LNG.
Ahead of the visit, RITES Limited signed an agreement with Abu Dhabi Ports Company and Gujarat Maritime Board with Abu Dhabi Ports Company.
These would help in building port infrastructure and further enhance connectivity between the two countries, the official added.
A MoU on cooperation in Digital Infrastructure Projects will create a framework for a wide-ranging cooperation, including investment cooperation, in the digital infrastructure sector and also facilitate sharing of technical knowledge, skills and expertise.